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Louisiana Lawmakers Approve Rules for Fantasy Sports Betting

May 31, 2020, 11:11 PM

Regulations needed for fantasy sports betting to begin in about four dozen Louisiana parishes headed to the governor’s desk on Sunday evening.

Voters in 47 Louisiana parishes voted in 2018 to legalize fantasy sports betting. But the competitions for online cash prizes can’t begin until the state set the rules and tax rates.

  • The tax rates still need to be established. Lawmakers expect to take up that issue in a special legislative session that starts Monday evening.
  • Under Senate amendments to H.B. 357, operators of fantasy sports contests would have to be licensed by the Louisiana Gaming Board. The ...

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